Indexes
BCI declines on large companies' worries. SME confidence grows – Q4 2014
15
October
2014
In the fourth quarter of 2014, the Business Confidence Index decreased and registered 24.9 on a scale of 100 points. This is down from the 40.4 recorded in the third quarter of the same year. The positive number indicates that the confidence factor among businesses is about 25 index points more positive than negative or neutral (e.g. a confidence index of 100 would have indicated that all firms in the sample reported a positive outlook. An index of zero would indicate that the weighted balance of positive and negative views reported by firms is about equal or, alternatively, that all firms reported no change in the current business situation. For more details, see the methodological notes). The reduction in the confidence index was driven by large firms in almost all sectors. At the same time, we note that SME business sentiment continues to grow.
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Business Confidence Index: Slight downturn in confidence
19
February
2024
For the first quarter of 2024, business confidence in Georgia decreased slightly (by 0.4 index points) and reached 17.7. The highest decrease in business confidence is observed in the trade (-15.1) sector. The negative change in BCI for Q1 2024 was driven by decreased past performance as well as less optimistic expectations.
Business Confidence Index: Back on track?
23
October
2023
For the fourth quarter of 2023, business confidence in Georgia increased (by 2.4 index points) and reached 18.1. The highest increase in business confidence is observed in the trade (+21.7) sector. The positive change in BCI for Q4 2023 was driven by improved past performance as well as more optimistic expectations.
Business Confidence Index: Turning point?
31
July
2023
For the third quarter of 2023, business confidence in Georgia decreased (by 10.7 index points) and reached 15.7. The highest business confidence is observed in the financial (26.4) sector. The negative change in BCI for Q3 2023 was driven by worsened past performance as well as less optimistic expectations.
Business Confidence Index: New year, new expectations
23
January
2023
For the first quarter of 2023, business confidence in Georgia increased (by 8.4 index points) and reached 20.1. The highest business confidence is observed in the financial (35.6) sector.
Business Confidence Index: summer edition
28
July
2022
For the third quarter of 2022, business confidence in Georgia increased (by 2.6 index points) and reached 17.7. The highest increase in business confidence is observed in the construction (+13.8) sector. The positive change in BCI for Q3 2022 was driven by significantly improved past performance.
